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Articles and opinions by Wendy Weng. Click here for profile.

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Global bank loan growth to remain at 6% in 2024

Rising borrowing costs, reduced demand, and stringent credit barriers have dampened growth prospects, and these factors are unlikely to shift given the current economic climate

     
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US and Denmark report sharpest declines in bank ROE

US banks’ return on equity declined due to higher loan-loss provisions, while Denmark’s Danske Bank reported the steepest drop, primarily attributed to the Estonia money-laundering case, which resulted in a significant net loss in 2022

     
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Islamic banks in Saudi Arabia and Kuwait demonstrated exceptional financial…

Al Rajhi Bank in Saudi Arabia remains the leading global Islamic bank, with Middle Eastern counterparts surpassing Asian ones in scale and profitability, while Asian Islamic banks exhibit stronger asset quality

     
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Qatari banks most efficient worldwide with 21.5% average cost-to-income ratio

Banks in the Middle East and Asia Pacific showcased outstanding operational efficiency, with Qatari banks achieving exceptional cost-to-income ratios by leveraging superior IT infrastructure, offering cost-effective digital services, and…

     
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Bangladesh and Lebanon banks face significant asset quality concerns

Four banks in Bangladesh on the TABInsights Bank Watch List reported an average gross NPL ratio of 17.8% in FY2022, while Indian banks demonstrated improved asset quality, with none making the list, highlighting resilience to economic fluctuations

     
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China’s key banks: Resilience tested as capital pressures mount

In 2023, China’s domestic systemically important banks grew to 20, led by China Merchants Bank in the TAB Global 1000 World’s Strongest Banks 2023 ranking, but some still require more capital despite improved capital ratios

     
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China and the US took the lead among the world’s largest banks

Thirty-seven banks held assets surpassing $1 trillion, distributed among 16 in Asia Pacific, 13 in Europe, and eight in North America, representing 51% of the top 1000 banks’ total assets; overall asset growth has decelerated, with the…

     
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Aggregate remuneration of APAC’s top 10 highest-paid bank chiefs rose 12%

DBS’s Gupta is the highest-paid bank CEO in Asia Pacific, while Public Bank CEO Tay received the highest compensation as a percentage of net profit, with the combined total earned by the top 10 highest-paid bank chiefs in the region reaching…